mathi.com ACCT 2301-385 TR 4:15-8:30 Homework: Chapter 11 HW HW Score: 75% Question Score: 0 of 1 pt 4 of 4 (3 completely E11-24 (book/static) The folowing financial information was obtained from the year ended 2018 income statements for Cash Automotive and Pennington Automotive: Click the icon to view the financial information) Requirements 1 Compute the times interest-earned ratio for each company. Round to two decimals 2 Which company was better able to cover its interest experie? Data Table $ Requirement 1. Compute the times-interest-earned ratio for each company Round to two decimas Begin by showing the formula for the times interest earned rato Times-interestearned ratio Not income Income tax expense Interest expense Cash Pennington 26,070 $ 74,188 0.270 27.000 2,900 300 Print Done Choose from any drop-down list and then click Check Answer Check Answer parts 2